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Why do older RNs keep working?

Elizabeth Graham¹, Judith Donoghue, Christine Duffield

¹Author Affiliations: Doctoral Candidate (Ms Graham), Emerita Professor (Dr Donoghue), Faculty of Health, and Director (Dr Duffield), Deputy Director (Dr Bichel-Findlay), and Project Coordinator (Ms Dimitrelis), Centre for Health Services Management, University of Technology, Sydney, New South Wales; and Professor (Dr Duffield), School of Nursing and Midwifery, Edith Cowan University, Perth, Western Australia; Professor (Dr Griffiths), School of Nursing, Family and Community Health, University of Western Sydney, New South Wales, Australia.

The Journal of Nursing Administration

|October 24, 2014

Summary

This summary is machine-generated.

Many older registered nurses (RNs) continue working past retirement age primarily due to financial needs. Understanding these motivations is key to retaining experienced RNs and addressing healthcare workforce shortages.

Related Experiment Videos

Area of Science:

Nursing Workforce Studies
Gerontology in Healthcare
Healthcare Management

Background:

Many registered nurses (RNs) continue working beyond retirement age, contrary to early retirement predictions.
This trend persists even after nurses become eligible for retirement funds.

Purpose of the Study:

To determine the primary factors influencing older RNs (aged 45 and above) to remain in the healthcare workforce.
To inform strategies for retaining experienced nurses.

Main Methods:

A survey was conducted among nurses aged 45 and older in New South Wales, Australia.
Data collected focused on reasons for continued employment in the nursing profession.

Main Results:

The most frequently cited reason for older RNs remaining in the workforce was the need for income (61.9%).
Approximately 43% of participants identified income as their main reason for continuing to work as a nurse.

Conclusions:

Retaining older RNs is a critical strategy for mitigating healthcare workforce shortages.
Nurse executives should develop targeted retention strategies addressing the financial and personal motivations of older nurses.
Focusing on why older nurses choose to stay is essential for workforce planning.